SUI / TetherUS

Is the upward trend of SUI continuing?

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As can be seen on the chart, the pair is now engaged with the important resistance of the $1.2 area. If the pair crosses this important resistance area and stabilizes above this area, we expect it to move towards its next target at the price of $1.95.
By examining the chart on the daily time frame, we can identify some important support and resistance areas for SUI, that the price can react to. These areas are:

First Support $0.7777
Second Support $0.4747 - $0.54
Resistance area at $1.21 (price is now involved)
Target and resistance range located at $1.95


Do you think this upward trend continues?

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